Paytech firm, MuchBetter has expanded its offerings beyond the consumer wallet space as it launches its MuchBetter Prepaid Corporate Mastercard to tailor to the B2B sector.
Completing its next milestone, this new offering from MuchBetter will enable companies ranging from scaleups to globally minded enterprises to simplify company spending and modernise expense management through smart controls and real-time insights.
The Corporate Card combines a dedicated Merchant Portal and mobile app with intuitive expense tracking, and budgeting tools to help businesses manage operational spend with precision – all backed by a regulated infrastructure, safeguarded funds, and a seamless user experience.
“Business spend is evolving rapidly, and legacy corporate cards haven’t kept up. We’ve designed our Corporate Card product to serve businesses often underserved by traditional banks. Our goal was to build a corporate card that not only supports growing teams and scaling businesses, but that also brings consumer-grade UX into the business banking world,” says Christian Moore, head of portfolio at MuchBetter.
“The MuchBetter Corporate Card is more than just a payment method – it’s a gateway to financial control and efficiency. We’ve designed it to give finance teams what they really want: instant visibility, control over limits, and the flexibility to issue cards quickly and securely, with no paperwork or delays. It’s everything a modern business expects from its financial stack.”
A unique business offering
The MuchBetter Corporate Card allows companies to issue virtual cards in seconds, assign tailored spending limits, and define merchant category controls, all through an easy-to-use digital dashboard. Real-time transaction notifications and insights eliminate end-of-month surprises and help companies track budgets in-flight. With features like card-level spend limits, categorisation, and instant issuance, the Corporate Card makes it easy for companies to scale their finance operations without the bureaucracy.
The MuchBetter Corporate Card includes:
- A dedicated corporate e-wallet mobile app
- A self-service Merchant Portal platform allowing full card management, access to reports and insight and centralised receipt collection
- Real-time receipt and invoice upload capability
- Ability to connect to any account system of your choice
Establishing connections
The MuchBetter Corporate Card integrates seamlessly with MuchBetter Business’s Accounts banking platform, catering to enterprises seeking access to business accounts in a wide range of currencies, without the friction, long lead times, or high fees associated with traditional banks. The Corporate Card will be issued via MuchBetter’s partner, Paynovate, with plans to become a principal issuer with Mastercard in the future.
The launch of the corporate card comes as MuchBetter Business partners with Living Sky, the first white-label platform customer for its embedded banking technology. Living Sky, established by the File Hills Qu’Appelle Tribal Council in Canada, is integrating the MuchBetter Corporate Card as part of its boutique banking offering for high-net-worth corporate clients.
Powered by Temenos’ cloud-native infrastructure, and in partnership with Tier 1 UK bank NatWest and as Direct SWIFT Members, MuchBetter Business’s platform supports a fast and fully digital onboarding journey, access to global payment schemes, and FX services, all under a single, fully regulated platform.
“The white-label capabilities of our corporate card are a game-changer for platforms like Living Sky,” adds Moore. “They can now offer best-in-class corporate spend tools to their clients, branded as their own, while we handle the technology, compliance and card issuing.”
Source: https://thefintechtimes.com/
